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Stock impact report

Mega Matrix Subsidiary Yuder PTE. LTD. Signs MOU with Snail Games (Nasdaq: SNAL) for Joint Short-Drama Development [Yahoo! Finance]

Snail, Inc. - Class A (SNAL) 
Company Research Source: Yahoo! Finance
Ltd. ("Yuder"), a indirectly wholly owned subsidiary of it, has signed a Memorandum of Understanding (MOU) with Interactive Films LLC ("Interactive Films"), a subsidiary of Snail, Inc. (Nasdaq: SNAL) ("Snail Games"), a leading global independent developer and publisher of interactive digital entertainment. Under this MOU, both parties will leverage their respective strengths to establish a comprehensive collaboration framework for the joint development, production, and global distribution of short dramas, further enhancing their presence in the entertainment industry. Mr. Yucheng Hu , CEO of MPU, also commented, "This partnership marks an important step for MPU as we expand our content portfolio and strengthen our presence in the global short-drama industry. Short dramas are seeing increasing popularity, with audience demand for binge-worthy, serialized content on the rise. With Snail Games' growing integration in artificial intelligence (AI) in its development pipeline and its trac Show less Read more
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